FinCraftTM ADF is a time-tested and proven solution. It is implemented and under live operational use successfully in multiple banks in India. It is an Automated Regulatory Reporting System for Banks designed in view of Reserve Bank of India (RBI) mandate for implementation of ADF (Automated Data Flow) reports.
By adopting such an automated process for submission of returns, the bank is able to submit accurate and timely data to the regulator without any manual intervention. The automation of data flow also benefits the banks in terms of improved timelines, enhanced data quality, improved efficiency of processes, reduced costs and the use of the CDR (Common Data Repository) for internal MIS purposes.
FinCraftTM MIS ADF is designed based on the End-End Conceptualization of RBI, which comprises of the following Process elements:
Banks all over the world are today in the race for improving their capability in order to survive in the competitions of todays globalized markets. Therefore, they are trying to enhance their agility level by refining the decision making process for better efficiency, productivity and also to meet the successive variabilities of the market.
FinCraftTM MIS is an important tool for the BFS (Banking and Financial Services) segment giving a clear view of the organization's standing vis-a-vis the defined parameters.
It consists of
It comprises of internal reports required by the organization which are one time configurable. Nelito also has the Report Builder solution which allows banks to configure and create reports all by themselves.
The product dashboards by FinCraftTM BI and Analytics platform allow banks to analyze information regarding the performance of products and thus accordingly plan and predict the customer behavior for products in the pipeline. Aspects like profitability and sales of products and customer demographic can be gauged and analyzed. Read More
Nelito presents banks with FinCraftTM BI (Business Intelligence) which in essence will provide 'actionable intelligence' leading to creation of an efficient and dynamic business entity.
Using FinCraftTM BI & Analytics Banks can easily access information regarding the performance of products and thus plan and predict the customer behavior for products in the pipeline. Aspects like profitability and sales of products and customer demographic can be gauged and analyzed. Read More
The Meticulousness of efforts to ensure customer delight by each of the team member during the course of the project is appreciable. - Data Archival Project
Overall we are happy with the services provided by Nelito. The implementation team is sensitive to our support requirements and does a good job.
We are extremely thankful to the whole team who have devotedly committed and created this excellent database. Much of our time was wasted in data retrieval from i link where we were facing lots of issues.
You have given us an awesome product which is superior to our Finacle itself in its display capabilities. The great idea of taking pdf/word/excel option is simply superb. Merging the party code and Finacle CIF and account numbers are another feather in the cap.
We have successfully made Nelito's Fincraft Software for NBFC live in early March for LOS,LMS and Sanjiv Khalkho, Arijit Chakraborty with his team have been very instrumental in making this software live . I would like to appreciate on the turnaround time during the go live phase of the team in getting some of our key requirements done and helping our users to use the software for recording and disbursing all the sales from the software.
In technology side I would like to praise Pramod Navale and Ganesh Khetmalis for in depth knowledge of the product and their technical skills is outstanding. Looking forward for the continued relationship for our next release and whole of 2018.
"We are extremely pleased with the kind of support extended by you and your team for our year end work. Although whole bunch of people worked for making the support seamless from your end, my special thanks to following resources. Anurag, Arpit, Arvind, Pranit, Suraj, Udgran, Nilesh, Leena and Udgrand. Also, thanks to all others who have supported us directly or indirectly at your end."
"For a Bank of our size, this system suffices and is very cost effective. Almost all of the bank’s activities run on the one system. Nelito constitutes a partner more than a supplier and the relationship includes provision of the bank’s underlying technology as well as its Fincraft range of applications."
"The best mix of functionality and technological support and our vision of “Cash Less and Paper Less” work environment for Sonata has come true with our technological partner Nelito. I highly recommend FinCraft Core Microfinance platform and especially integrations with a number of third party services."
"We are happy to use FinCraft Data Archival & Retrieval solution from Nelito Systems; it has given huge ROI in terms of saving revenue by retiring legacy applications. We get all desired reports in a timely manner from the solution."
"Proactive & professionally supportive, technically skilled team."
"My bank is working with Nelito from the last about 9 Years and the services provided by the company may prolong our association."
"Knowledge and service provided to the bank is beyond expectation. And we would definitely engage and recommend solution to others."
"As Vendor strict adherence to process & procedures. Risk Mitigates in Place. Flexible to customer requirements."
"Everything was successfully implemented and tested. The implementation was professionally done in a very efficient and cooperative manner. Migration was very smooth."
Support services provided for Swift is really up to the mark and meets all clients requirement. Kindly keep this ongoing.